The dramatic fashion in which Bear Stearns and others have gone down in flames brings to the fore issues like counterparty risk management that had previously been undercounted, or not scored at all. The current market realities make implementing a … Read the rest
The increasing functionality and numbers of mobile banking platforms, the growing sophistication of criminals, and the popularity of smart cell phones create the potential for mobile banking security issues, but industry watchers have widely divergent opinions about how serious the … Read the rest
These are times that try bank balance sheets – and test their credit scoring abilities. But adapting to new economic realities can be difficult if the scoring formulas are hard-wired into a legacy database system.
To make it easier, faster … Read the rest
Is it time to get out of the anti-virus arms race? If new security vendor Bit9, Inc. gets its way, banks may soon be able to eliminate virus scans altogether. Instead of trying to track every new virus and piece … Read the rest
New channels of electronic communication have been a boon to many industries, opening up sales and marketing opportunities, helping improve customer service and speeding up innovation and collaboration. For Wall Street, however, the benefits of technology such as Twitter have … Read the rest